Bordeaux Bashers Beware! There's More Here Than $1,550 Bottles

on 11/10/10 at 9:08 am


Bordeaux on a budget

Like many young savvy sommeliers, 33-year-old Michael Madrigale of New York’s Bar Boulud, extols obscure wines from the Jura, swoons over Burgundy and indulges in Bordeaux bashing.

“All the high prices in Bordeaux have left a collective bad taste in the mouth of everyone,” he said. His Bordeaux customers “are people with gray hair.”

But is the world’s largest fine wine region really just a no-soul place filled with insanely priced luxury products for investment rather than drinking? Well, not exactly.

Admittedly, Bordeaux’s image is one of glamorous chateaux, 87 glitzy crus classes wines, and worldwide demand. First growths now sell for thousands of dollars — 2009 Lafite futures cost $1,550 a bottle and you won’t get the wine until 2012. That of course, is what has helped make the region a global success.

What everyone forgets is that Bordeaux has more than 8,500 estates, and some of them are tiny family-run properties that make good cabernet and merlot blends for reasonable prices.

{Full story via Bloomberg}

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